750 pumping posts this year and NOW you feel let down? Incredible.
" Nothing illegal in marking a Stafford pant to $100 then putting it on sale for $19.99."
The illegality comes in when you say "reduced from $100" even if you never sold them at $100 or had them at $100 for just a few hours so you could say "reduced".
But don't worry - that law is almost never enforced.
The stock closed at $7.86 the day you posted. It's $6.27 now. That 20% drop is leading to happy holidays.
Why do these made up posts always use 4-6 deep at the registers. How about using 3-5 or 5-8 every once in awhile? Just for variety.
"Another smart move by Ullman"
Another? What were any of the others? Under his reign the company has gone down, down, down.
Sorry but I have never believed in a foreign takeover of JCP. Especially not Tesco after they got burned the last time. And I also don't believe there is any chance of a sale to Amazon, other U.S. retailers, etc. This is just another Wannamker, Caldor, Sears, Woolworth. It's toast.
"Wonder what that means?"
Here's a clue from JCP: "We have no need to raise more capital" - spoken less than one day before a massive raise of new capital.
Your premise is skewed. I LOVE what's happening with JCP - a real money maker. And I LOVE what's happened with Macy's - a great store now.
PS - I did not say "lose less profit" I said "lose less money" .... there's a difference.
You're right. They can be divided into two groups. The shorts who have ridden it down from over $20 two years ago and the longs who - well, why rub it in.
"in case Penney's turnaround is hugely successful at Kohl's expense"
Kohl's must be shaking in their boots.
It's true he has stores in Arab countries but not in Israel. Don't know whether that would be called apartheid, though.